apter 2 Landen Corporation uses a job-order costing system. At the beginning of the year, the company made the folowing estimates Direet labor-hours required to support estinated production Haehine-hour, required to ,upport estiuted production Pixed manufactur Variable nufacturing overhead cost per direct 1abor-hour 180,000 $ 1.00 Variable mangfact ring overhead coat per machine-hour During the year, Job 550 was started and completed. The following information is available with respect to this job: bireet labor eost 323 Required: 1 Assume that Landen has historically used a plantwide predetermined overhead rate with direct labor-hours as the allocation base Under this approach: a Compute the plantwide predetermined overhead rate b. Compute the total manufacturing cost of Job 550 c. Landen uses a markup percentage of 200% of its total manufacturing cost, what seling price would it establish for Job 5507 2. Assume that Landen's controller believes that machine-hours is a better alocation base than direct labor-hours. Under this a Compute the plantwide predetermined overhead rate b. Compute the total manufacturing cost of Job 550 c. If Landen uses markup percentage of 200% of its total manufacturing ost, what seling price would it establish for Job 550, (Round your intermediate calculations to 2 decimal places. Round your Predetermined Overhead Rate answers to 2 decimal places and all other answers to the nearest whole dollar. per OH b. Total manufacturing cost of Job 550 MacBook Air 20 3 4 5 6 7 8 9